Protesters were arrested in West Texas on Tuesday morning in front of a pipeline being built from the Permian Basin to Mexico. Members of the Big Bend Defense Coalition were protesting Dallas-based Energy Transfer Partners construction of the Trans-Pecos Pipeline in Alpine. The Brewster County Sheriff’s office arrested three: coalition founder Lori Glover, former oil … …

Christi Craddick, who on Tuesday was elected new chairman of the Railroad Commission, said she welcomes the change she expects from President-elect Donald Trump. “They at least get us, I hope, as an industry,” Craddick said of the incoming administration. Trump has promised to roll back federal regulations that under the Obama presidency have targeted … …

The crude complex is finally taking a breather after the recent OPEC-sponsored rally. We’re now faced with the juxtapositioning of rising OPEC output versus promised cuts; something which could well become a recurring theme over the coming months. Weekly inventories beckon tomorrow, but hark, here are five things to consider in oil markets today: 1) ClipperData’s … …

Mexico’s first competitive deep-water oil auction surpassed expectations as eight of 10 blocks were awarded to some of the world’s top oil companies. The National Hydrocarbons Commission awarded all four blocks in the oil-rich Perdido Basin, where the geology is said to mirror the U.S. side of the Gulf of Mexico, to companies including Total SA, CNOOC … …

To understand why Saudi Arabia changed course and decided OPEC should go back to managing supply, look at two of the kingdom’s biggest policy challenges: the urgent need to plug holes in its budget and the plan to sell a stake in the state-owned oil monopoly. Two years after the world’s biggest exporter backed the … …

Houston-based pipeline giant Kinder Morgan in 2017 will maintain the dividend payment it slashed by 75 percent a year ago, with a goal of raising it back in 2018. Kinder Morgan said it expects to pay investors 12.5 cents per share each quarter in 2017 — the same as this year — but down from 51 … …

BHP Billiton Ltd. will pay $624 million to be Petroleos Mexicanos’ first private partner in producing oil and natural gas in the deep waters of the Gulf of Mexico. BHP will partner with Pemex, as the state-owned operator is known, to develop oil in the Trion field. Trion, located just south of the maritime border … …

For the three titans of Latin American oil — Pemex, PDVSA and Petrobras — last week’s OPEC-driven price rally won’t be enough to halt a slow descent from the ranks of international crude heavyweights. Even as news of the cartel’s 1.2 million-barrel-a-day output cut spurred the steepest three-day oil gain in 15 months, the biggest … …